Addi Industries Dividend
Dividend criteria checks 3/6
Addi Industries is a dividend paying company with a current yield of 2.51% that is well covered by earnings.
Key information
2.5%
Dividend yield
8%
Payout ratio
Industry average yield | 0.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹4.32 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 507852's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 507852's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Addi Industries Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (507852) | 2.5% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.1% |
Industry Average (Luxury) | 0.5% |
Analyst forecast in 3 Years (507852) | n/a |
Notable Dividend: 507852's dividend (2.51%) is higher than the bottom 25% of dividend payers in the Indian market (0.27%).
High Dividend: 507852's dividend (2.51%) is in the top 25% of dividend payers in the Indian market (1.12%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (7.9%), 507852's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 507852 is paying a dividend but the company has no free cash flows.